egypt

Development financier tells PV Tech why innovation makes sense in fiercely competitive PV region despite risks of untried technology.

Firms to each own half of 186MWp capacity (150MW rated) built with US$180 million investment at government-sponsored Benban complex.

Mondragon Assembly close to commissioning production line for Arab International Optronics.

Gamesa Electric is to supply 66 PV inverters to 400MW of capacity being set up by Scatec Solar at the Benban solar park in Egypt.

PV manufacturing capacity expansion announcements in the second quarter of 2018, were slightly higher than the previous quarter, although activity slumped specifically in June, after China’s decision to suddenly cap utility-scale and distributed generation (DG) projects (531 New Deal). But large-scale multi-gigawatt production plans in the first half of the year may have hidden an inevitable slowdown, despite the impact on downstream demand from the 531 New Deal.

Streamlining red tape, ditching subsidies for bill payers and improving investment conditions could see Egypt become a multi-GW market for solar.

The Middle East and Africa is set to enjoy a year-on-year PV demand increase of 170%, according to GTM Research.

PV developer Lightsource BP has formed a joint venture (JV) with HA Utilities, an arm of Egyptian construction and engineering group Hassan Allam Holding (HAH), to develop utility-scale solar projects in Egypt.

Cleantech to build 4.5MW rooftop solar project for Singaporean semiconductor manufacturer, Voltalia opens Cairo office, AfDB providing €18 million funding for Burkina Faso energy sector reform

UAE-based developer Enviromena is pushing its project pipeline towards 1GW.